Strengthening Benefit Plans Act of 2025
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- Senate
- Sponsors
- 4
- Latest action
- Jun 10, 2025
What it does
The Strengthening Benefit Plans Act of 2025 would amend the Internal Revenue Code to allow certain excess assets from retiree health plans to be transferred to fund benefits for active employees under pension plans or voluntary employees’ beneficiary associations. It defines "excess health assets" as assets exceeding 125% of a retiree health plan’s liability, with specific exclusions for post-2023 contributions and benefit reductions. The bill permits one such transfer per year per plan, ensures the transfer does not trigger adverse tax or prohibited transaction treatment, and imposes limitations on employer deductions and minimum cost-benefit requirements for funded benefits.
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
Reporting that may mention this subject. Possible matches are labeled.
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Where it goes next
While a bill can still move, the questions are about people and money.